Last updated: 5 January 2021 at 5:03pm EST

Filip Balcaen Net Worth




The estimated Net Worth of Filip Balcaen is at least $157 Million dollars as of 13 March 2020. Mr. Balcaen owns over 52,500 units of Mohawk Industries stock worth over $156,652,333 and over the last 8 years he sold MHK stock worth over $0. In addition, he makes $168,120 as Independent Director at Mohawk Industries.

Mr. Balcaen MHK stock SEC Form 4 insiders trading

Filip has made over 19 trades of the Mohawk Industries stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 52,500 units of MHK stock worth $4,914,525 on 13 March 2020.

The largest trade he's ever made was buying 250,000 units of Mohawk Industries stock on 29 October 2018 worth over $29,605,000. On average, Filip trades about 42,416 units every 28 days since 2017. As of 13 March 2020 he still owns at least 1,055,751 units of Mohawk Industries stock.

You can see the complete history of Mr. Balcaen stock trades at the bottom of the page.





Filip Balcaen biography

Filip Balcaen serves as Independent Director of the Company. Mr. Balcaen has been a director of the Company since February 2016. He is currently the President of Baltisse, a private investment firm, a position he has held since December 21, 2006. Mr. Balcaen has extensive experience growing and leading businesses in the flooring industry, serving as the CEO of the IVC Group (“IVC”), a global sheet vinyl and LVT manufacturing company, from 2004 — 2010 after which he served as chairman of the company until the Company acquired IVC in 2015. Mr. Balcaen began his career in flooring in 1984 working in various positions at the Balta Group, one of the largest producers of textile floor coverings in Europe, where he served as board member from 1990 to 2015 and CEO and Chairman from 1990 to 2004. Mr. Balcaen also serves on the board of Pentahold, a private equity partnership active in Belgium, Stevia One Holding, a private company active in the production of the natural high intensity sweetener Stevia, and Origis Energy NV, a private company active in the global development and management of solar energy plants.

What is the salary of Filip Balcaen?

As the Independent Director of Mohawk Industries, the total compensation of Filip Balcaen at Mohawk Industries is $168,120. There are 11 executives at Mohawk Industries getting paid more, with Jeffrey Lorberbaum having the highest compensation of $3,126,420.



How old is Filip Balcaen?

Filip Balcaen is 60, he's been the Independent Director of Mohawk Industries since 2016. There are 12 older and 7 younger executives at Mohawk Industries. The oldest executive at Mohawk Industries, Inc. is Joseph Onorato, 71, who is the Independent Director.

What's Filip Balcaen's mailing address?

Filip's mailing address filed with the SEC is 160 SOUTH INDUSTRIAL BLVD., P.O. BOX 12069, CALHOUN, GA, 30703.

Insiders trading at Mohawk Industries

Over the last 23 years, insiders at Mohawk Industries have traded over $664,605,059 worth of Mohawk Industries stock and bought 1,741,009 units worth $190,150,319 . The most active insiders traders include Jeffrey S Lorberbaum, Mark Lorberbaum, and Suzanne L Helen. On average, Mohawk Industries executives and independent directors trade stock every 20 days with the average trade being worth of $3,889,040. The most recent stock trade was executed by Suzanne L Helen on 9 September 2024, trading 660 units of MHK stock currently worth $99,964.



What does Mohawk Industries do?

mohawk industries is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. our industry-leading innovation has yielded products and technologies that differentiate our brands in the marketplace and satisfy all remodeling and new construction requirements. our brands are among the most recognized in the industry and include american olean, bigelow, daltile, durkan, karastan, lees, marazzi, mohawk, mohawk home, pergo, unilin and quick-step. during the past decade, mohawk has transformed its business from an american carpet manufacturer into the world’s largest flooring company with operations in australia, brazil, canada, china, europe, india, malaysia, mexico, russia and the united states.



What does Mohawk Industries's logo look like?

Mohawk Industries, Inc. logo

Complete history of Mr. Balcaen stock trades at Mohawk Industries

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 Mar 2020 Filip Balcaen
Director
Buy 52,500 $93.61 $4,914,525
13 Mar 2020
1,055,751
11 Mar 2020 Filip Balcaen
Director
Buy 202,000 $102.17 $20,638,340
11 Mar 2020
1,108,251
15 Aug 2019 Filip Balcaen
Director
Buy 12,500 $109.98 $1,374,750
15 Aug 2019
906,251
26 Dec 2018 Filip Balcaen
Director
Buy 9,000 $109.76 $987,840
26 Dec 2018
893,751
14 Dec 2018 Filip Balcaen
Director
Buy 24,937 $117.66 $2,934,087
14 Dec 2018
884,751
12 Dec 2018 Filip Balcaen
Director
Buy 52,546 $118.86 $6,245,618
12 Dec 2018
859,814
10 Dec 2018 Filip Balcaen
Director
Buy 43,400 $119.39 $5,181,526
10 Dec 2018
807,268
6 Dec 2018 Filip Balcaen
Director
Buy 22,900 $119.48 $2,736,092
6 Dec 2018
763,868
3 Dec 2018 Filip Balcaen
Director
Buy 78,200 $124.34 $9,723,388
3 Dec 2018
740,968
29 Nov 2018 Filip Balcaen
Director
Buy 10,000 $127.48 $1,274,800
29 Nov 2018
662,768
29 Oct 2018 Filip Balcaen
Director
Buy 250,000 $118.42 $29,605,000
29 Oct 2018
652,768
13 Aug 2018 Filip Balcaen
Director
Buy 10,000 $181.00 $1,810,000
13 Aug 2018
402,768
9 Aug 2018 Filip Balcaen
Director
Buy 25,000 $184.80 $4,620,000
9 Aug 2018
392,768
3 Aug 2018 Filip Balcaen
Director
Buy 25,000 $183.45 $4,586,250
3 Aug 2018
367,768
26 Jul 2018 Filip Balcaen
Director
Buy 50,000 $183.02 $9,151,000
26 Jul 2018
342,768
15 May 2018 Filip Balcaen
Director
Buy 47,843 $209.05 $10,001,579
15 May 2018
292,768
14 May 2018 Filip Balcaen
Director
Buy 25,912 $209.89 $5,438,670
14 May 2018
244,925
9 May 2018 Filip Balcaen
Director
Buy 10,046 $209.82 $2,107,852
9 May 2018
219,013
30 Apr 2018 Filip Balcaen
Director
Buy 66,199 $209.08 $13,840,887
30 Apr 2018
208,967


Mohawk Industries executives and stock owners

Mohawk Industries executives and other stock owners filed with the SEC include: